8 Answered Questions for the topic double entry
05/15/19
What is the difference between equity and assets?
I am (going to be) using GNU Cash, which uses the double-entry method; I use it for personal finance.
Reading various tutorials for GNU cash, it lists 5 types of accounts: income, expense, assets,...
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05/13/19
Comprehensive tutorial on double-entry personal finance?
Can anyone recommend a comprehensive tutorial on using double-entry accounting to manage personal finances? I've read a few articles that make double-entry seem worth learning, but I'm struggling...
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05/12/19
What would be the appropriate account for written off loans to friends and family?
In the past I have lent some money to friends and family, which I have not gotten back. I don't want to ask them for the cash, but I do want to clean up my accounts.
How would I record this in my...
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05/12/19
What's an account called that always balances to 0?
I use a pretty standard double-entry system in GnuCash (Income/Expenses, Assets/Liabilities).
With my wife going back to school this fall, I did something in my accounting that I haven't done...
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04/22/19
Is the blockchain similar to double-entry book-keeping?
As far as I know, blockchains keeps transaction records from the beginning of time. This lets the blockchain retain a history of traceable transactions so it can maintain validity.
Double-entry...
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04/06/19
Accounting: Should a fee on an amount payable be applied in AR or AP account?
An application I'm building has a simplistic double-entry accounting component to it to keep track of funds passed owed to various parties. I'm unclear on how certain entries should be applied....
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04/04/19
In double entry accounting, how do I enter a loan?
I have taken an accounting course several years ago, but I'm a little rusty. I'm using GnuCash, double entry accounting software.
I have a loan from a friend, so no interest. I have paid about...
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04/04/19
In double-entry book keeping, how should I track planned expenses?
So, I'm working on getting a bit better at managing my household finances and am currently working to learn double-entry bookkeeping.
One thing I need to separate out and track a little better is...
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